Sebi's Big Move for Investors: Lost Share Certificates Made Easier, Limit Doubled to ₹10 Lakh!

Overview

Markets regulator Sebi is proposing to simplify the process for investors to obtain duplicate securities like shares and mutual fund units. Key changes include doubling the upper limit for issuing duplicate securities without an FIR and newspaper advertisement to Rs 10 lakh, and introducing a single affidavit-cum-indemnity bond.